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Aneta Andrews

Broker
Re/Max Realty Enterprises Inc., Brokerage, Brokerage Independently owned and operated. 125 Lakeshore Road East, Mississauga, Ontario L5G 1E5 Office: 905-278-3500Fax: 1-888-407-8605Cell: 416-576-5339

$700,000
Available - For Sale
Listing ID: E10440847
82 Nassau St , Oshawa, L1J 4A4, Ontario


Opportunity knocks for you to own a Vacant, Legal, Two Unit Dwelling, registered with the City of Oshawa on a double wide lot. Oozing with old world charm and character, this home is the an ideal investment with upside or the perfect first step on the property ladder. Live in the spacious one bedroom, ground floor unit and rent out the three bedroom upper unit, to pay most of your mortgage, or rent out both units while pursuing the highest and best use of the property. A draft survey has already been completed to pursue Release of Part Lot Control from the City (easier than a severance through the Region) or you can explore the possibility of building a Garage/ Garden Suite on the property. An unfinished basement, with a separate entrance, provides ample storage or an opportunity for a savvy investor to expand. Sweat equity or the patience to pursue development opportunities will add considerable cashflow. Both units had long term tenants but the tenant in the lower unit, who has already vacated, were paying $1383.75 earlier this year and the tenants in the upper unit are currently paying $1869.25 but are planning to vacate November 30th. Nestled in central Oshawa, this property offers unparalleled convenience and accessibility. Proximity to transit, the 401, restaurants, and shopping, at the Oshawa Centre, ensures everyday convenience, while easy access to post-secondary education institutions such as Durham College and UOIT makes it an ideal location for tenants and students alike. Families will appreciate the short walking distance to nearby parks, and schools, offering peace of mind and convenience.
Extras:   New Electrical: 2014 (including 200 amp service, separate panels & meters for each unit), Furnace: 2016 (has emergency fire shut off), Roof: 2015, HWT: 2017, Plumbing: Updated in 2015, Separate Laundry (Upper machines replaced in 2022)
Price $700,000
Taxes: $4051.83
Address: 82 Nassau St , Oshawa, L1J 4A4, Ontario
Lot Size: 65.00 x 100.00 (Feet)
Directions/Cross Streets: King & Park
Rooms: 9
Rooms +: 3
Bedrooms: 4
Bedrooms +:
Kitchens: 2
Family Room: Y
Basement: Sep Entrance, Unfinished
Approximatly Age: 100+
Property Type: Detached
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 6
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 1500-2000
Property Features: Arts Centre, Hospital, Library, Park, Public Transit, School Bus Route
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
Utilities-Cable: A
Utilities-Hydro: Y
Utilities-Gas: Y
Utilities-Telephone: A
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE FRANK REAL ESTATE
Personal Picture
Aneta Andrews
Broker
Dir:
416-576-5339
Bus:
905-278-3500
Fax:
1-888-407-8605
 
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At a Glance:
Type: Freehold - Detached
Area: Durham
Municipality: Oshawa
Neighbourhood: Vanier
Style: 2 1/2 Storey
Lot Size: 65.00 x 100.00(Feet)
Approximate Age: 100+
Tax: $4,051.83
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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